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[Techpowerup.com] (PR) NVIDIA Reports Financial Results for Third Quarter Fiscal Year 2010 - i4memory.com - different look at memory

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Old 07-11-2009, 01:10 AM   #1
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[Techpowerup.com] (PR) NVIDIA Reports Financial Results for Third Quarter Fiscal Year 2010

NVIDIA Corp. today reported revenue of $903.2 million for the third quarter of fiscal 2010 ended Oct. 25, 2009, up 16 percent from the previous quarter and up slightly from $897.7 million reported in the same period a year earlier.

On a GAAP basis, the company recorded net income of $107.6 million, or $0.19 per diluted share, compared with net income of $61.7 million, or $0.11 per diluted share a year ago. Third quarter GAAP results included a benefit to operating income of $25.1 million related to insurance reimbursements received during the quarter. On a non-GAAP basis - excluding the insurance reimbursements and stock-based compensation, as well as their associated tax impact − net income was $110.3 million, or $0.19 per diluted share, compared with $111.4 million, or $0.20 per diluted share, a year earlier.



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